2023
Exports
$202kWorld Rnk 111 / 182
Flag Rnk 278 / 945
2023
PRODUCT COMPLEXITY IN Rubberworking Machinery
1.68Rnk 24 / 1025
2023
Imports
$9.32MWorld Rnk 116 / 216
Flag Rnk 126 / 1056

About

Exports In 2023, Trinidad and Tobago exported $202k in Rubberworking Machinery, making it the 111th largest exporter of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 278th most exported product in Trinidad and Tobago. The main destination of Rubberworking Machinery exports from Trinidad and Tobago are: Barbados ($106k), Canada ($95.3k), Guyana ($212), El Salvador ($81), and Jamaica ($79).

The fastest growing export markets for Rubberworking Machinery of Trinidad and Tobago between 2022 and 2023 were Barbados ($106k), Canada ($95.3k), and Guyana ($212).

Imports In 2023, Trinidad and Tobago imported $9.32M in Rubberworking Machinery, becoming the 116th largest importer of Rubberworking Machinery in the world. At the same year, Rubberworking Machinery was the 126th most imported product in Trinidad and Tobago. Trinidad and Tobago imports Rubberworking Machinery primarily from: Canada ($2.58M), United States ($1.88M), China ($1.63M), Germany ($1.39M), and Italy ($576k).

The fastest growing import markets in Rubberworking Machinery for Trinidad and Tobago between 2022 and 2023 were Canada ($2.34M), Germany ($961k), and United States ($849k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubberworking Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$202k
IMPORTS (2023)$9.32M
NET TRADE (2023)-$9.12M

In 2023, Trinidad and Tobago exported $202k in Rubberworking Machinery. The main destinations of Trinidad and Tobago exports on Rubberworking Machinery were Barbados ($106k), Canada ($95.3k), Guyana ($212), El Salvador ($81), and Jamaica ($79).

In 2023, Trinidad and Tobago imported $9.32M in Rubberworking Machinery, mainly from Canada ($2.58M), United States ($1.88M), China ($1.63M), Germany ($1.39M), and Italy ($576k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rubberworking Machinery EXPORT MARKETS FOR Trinidad and Tobago WERE (2022 - 2023):
Barbados$106k (1%)
Canada$95.3k (1%)
Guyana$212 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubberworking Machinery BY Trinidad and Tobago WERE (2022 - 2023):
Thailand-$17.5k (-100%)
Jamaica-$13.8k (-99.4%)
Grenada-$5.73k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Trinidad and Tobago's main exporting competitors in Rubberworking Machinery were:
China $6.97B
Germany $6.13B
Japan $2.61B
In 2023, Trinidad and Tobago's main importing competitors in Rubberworking Machinery were:

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Trade Value of Rubberworking Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALThailand+ $7.64k
TOP IMPORT POTENTIALChina+ $685k

Rubberworking Machinery’s highest export potential is Thailand. With an export gap of $7.64k.   Rubberworking Machinery’s highest import potential is China with an import gap of $685k.

See methodology.

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